Business climate unchanged in Polish manufacturing, trade and in construction in August

By bne IntelliNews August 25, 2014

Business tendency surveys carried out in August by the national stats office GUS showed no changes in the business climate of the manufacturing sector (flat m/m at +5pts), as well as in the retail trade sector (0pts) and in the construction sector (-4pts).

In the manufacturing sector, assessments and forecasts in respect of current production levels as well as order books are optimistic and better than a month before. Current financial standing continues to be assessed negatively, though better than a month earlier, while forecasts are positvie, similarly as a a month ago.

In the construction sector, current assessments concerning order books and output levels are similar as a month before. Respective forecasts are slightly less optimistic than in July. Forecasts on financial standing are slightly less pessimistic than last month, GUS also reported.

In retail trade, current assessments of sales are slightly positive - better than in July, while assessments concerning financial standings are improving, though they are still negative. Expectations in this respect also remain negative. 

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